Cornerstone Bank approved 20 SBA loans worth $3.8M between October 2021 and June 2026, ranking #894 of 2,283 SBA lenders nationally by loan count. Its median loan was $134,000, and 25% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 19 | $3.8M | $136,000 | #55 |
| Florida | 1 | $51K | $51,000 | #338 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 5 | $91,000 | |
| Other services (repair, personal care) | 4 | $247,500 | |
| Restaurants and hotels | 3 | $150,000 | |
| Arts, entertainment and recreation | 2 | $95,000 | |
| Finance and insurance | 2 | $116,000 | |
| Construction | 1 | $18,400 | |
| Professional and technical services | 1 | $32,000 | |
| Transportation and warehousing | 1 | $154,000 | |
| Wholesale trade | 1 | $1,000,000 |